Long Island Business & Finance News Coverage
...Locally dense fog early this morning across Long Island and
portions of New York City and southern Connecticut...
Areas of fog continues across Long Island and portions of
southern Connecticut and New York City, and is expected to linger
through at least the rush hour across most areas. While visibilities
were generally 1 to 3 miles, however, at times, the fog was
locally dense with visibilities as low as 1/4 mile or less at
Motorists traveling in these areas should be prepared for sudden
drops in visibility. If you encounter fog, slow down and use low
-- Tuesday Sep.26 17,07:00 AM
The economy on Long Island is unique – with countless small businesses and corporations alike making home here, Long Island is a center of industry with its own unique heartbeat. If you're interested in local business and financial advice specifically for Long Islanders, then make sure to never miss an article in the Business & Finance section.
Governor Cuomo Announces $15 Million in Private Funding to Create Opportunities for Women and Minority Owned Enterprises in New York’s Nanotech Indust
Long Island News & PR
February 18, 2013
CNSE hires over 50 Minority and Women-Owned Business Enterprises in building of NanoFab X, in accordance with the Governor's goal of achieving 20 percent MWBE participation in public construction projects.
NYS to Extend Student Loan Relief for Sandy Victims
February 15, 2013
The New York State Higher Education Services Corporation announced earlier this week that student loan repayment relief for Hurricane Sandy-impacted borrowers would be extended through June 30, 2013.
LaValle Introduces Bill to Cap School Tax for Seniors
February 14, 2013
A bill that would cap real property school taxes for seniors age 70 and older who are eligible for the Enhanced STAR exemption has been introduced to the NYS Senate by Sen. Kenneth P. LaValle.
Postal Service Stops Saturday Mail Delivery Beginning August
February 06, 2013
The United States Postal Service saw a loss of nearly $16 billion in 2012. Cuts are necessarily to bring financial stability to the organization, including stopping Saturday mail delivery service.
Twitter and Multiple Media Outlets Hacked
February 03, 2013
After announcements from the New York Times and Wall Street Journal that they had been hacked by China, Twitter has declared 250,000 accounts compromised.
Local Politicians Fight for LI School Aid
January 31, 2013
Last week, Gov. Cuomo unveiled his $143 billion 2013-14 Executive Budget, which includes major reforms to New York's public education system and $889 million for education programs, an increase of 4.4 percent.
Barnes & Noble Plans to Close More Stores
January 28, 2013
The country’s biggest bookstore intends to close up to 30% of its physical locations over the next decade.
Long Island's First STEM High School to Open in Fall 2013
January 18, 2013
Long Island's first regional high school for science and technology is scheduled to open in Fall 2013.
Matthew T. Crosson Memorial Scholarship Established for Stony Brook Journalism Students
January 02, 2013
In honor of the life and legacy of the late Matthew T. Crosson, a renowned business leader, attorney and television commentator, his family has established a memorial scholarship fund in support of Stony Brook journalism ...
Sandy Costs Long Island Thousands of Jobs
December 22, 2012
Hurricane Sandy's lasting effects include a beleaguered job market.
Tax Relief for New Yorkers Affected by Superstorm Sandy
December 19, 2012
Gov. Cuomo announced on Tuesday various tax relief measures for New Yorkers affected by Superstorm Sandy.
LIA: Small Business is Key to Recovery
December 19, 2012
Long Island Association president Kevin Law testified before the U.S. Senate Small Business Administration last week, calling for federal grants for small businesses affected by Superstorm Sandy.
During Fiscal Crisis, Should U.S. Extend Unemployment Insurance?
December 12, 2012
Though the unemployment rate has decreased, insurance for the unemployed will end at the end of the month if an agreement on the fiscal crisis is not reached.
With Debt, Will LIPA Be Ready for Another Storm?
December 05, 2012
LIPA's $6.9 billion in debt challenges the energy company's ability to fortify structures before another storm.
Attracting talent for NY’s Tech Sector
December 03, 2012
Technology has the potential to power us toward a better future.
Hempstead Town Animal Shelter Audited Due to Bad Record Keeping
December 01, 2012
The animal shelter came under fire from the State Comptroller and town residents
LIPA Chairman Announces Resignation
December 01, 2012
Howard Steinberg, LIPA's chairman, announced his resignation from the board, citing his expired term limit and lack of time due to his private-sector duties.
Fast Food Workers in NYC Strike for Better Pay
December 01, 2012
Workers from multiple fast food chains in New York City are going on strike to demand the ability to unionize and a minimum wage increase to $15 an hour.
Another Four LI Gas Stations Accused of Price Gouging
November 30, 2012
Another four Long Island gas stations were accused of price gouging by New York's Attorney General as their investigation into post-Sandy price gouging continues.
New York State Establishes Small Business Emergency Fund
November 26, 2012
Governor Cuomo establishes small business emergency fund for those impacted by hurricane Sandy.